ELM Co (SAU:7203) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is ELM Co Debt-to-Equity?

ELM Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼12 Mil. ELM Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼212 Mil. ELM Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ﷼3,995 Mil. ELM Co's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ELM Co's Debt-to-Equity or its related term are showing as below:

SAU:7203' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.09
Current: 0.06

During the past 8 years, the highest Debt-to-Equity Ratio of ELM Co was 0.09. The lowest was 0.02. And the median was 0.04.

SAU:7203's Debt-to-Equity is ranked better than
74.73% of 2224 companies
in the Software industry
Industry Median: 0.21 vs SAU:7203: 0.06

ELM Co Debt-to-Equity Historical Data

The historical data trend for ELM Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ELM Co Debt-to-Equity Chart

ELM Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.06

0.04

0.03

0.06

ELM Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.03	0.03	0.03	0.04	0.06

Competitive Comparison of ELM Co's Debt-to-Equity

For the Information Technology Services subindustry, ELM Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ELM Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ELM Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ELM Co's Debt-to-Equity falls into.

ELM Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ELM Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.989	+	212.091)	/	3994.508
	=	0.06

ELM Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.989	+	212.091)	/	3994.508
	=	0.06

ELM Co (SAU:7203) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ELM Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ELM Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

ELM Co (SAU:7203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ELM Co (SAU:7203) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Thaghr, Al Nakheel Dis Digital City, 6614, Unit No 2, Riyadh, SAU, 12382-4182

Website

https://www.elm.sa

ELM Co is engaged in providing ready-made and customized digital solutions in many areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and suffice business requirements. The services offered by the company include Consulting, Data Analysis, and Technical solutions. The segments are Digital Business, Business Process Outsourcing, and Professional Services, out of which the majority are from the Digital Business segment.

ELM Co (SAU:7203) Headlines

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